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Posts Tagged ‘Selling Homes’

Not-So-Obvious Reasons to Meet with a REALTOR®

Saturday, June 11th, 2016

When is the best time to meet with a REALTOR® like me? Chances are,
you would say, “When I’m thinking of buying or selling a home.” You’d be
right, of course!
However, there are many other good reasons to meet with me. Here are just
a few:
• You want a professional opinion as to the current value of your
property, so you know what it would likely sell for in today’s market.
• You notice a home listed for sale in a desirable neighbourhood, and
you’re interested in learning more — even if you’re unsure you want
to make a move.
• You’re thinking of moving within the next couple of years, and you
want to find a REALTOR® like me, that you can get to know and
trust.
• You want some recommendations for preparing your home for sale
and especially determining what repairs and other work needs to be
done.
• You want an honest assessment as to the state of the local market,
and the best time for you to buy or sell.
• You have real estate-related questions and you want to talk to an
expert who knows the local market well and can provide you with
answers.
As you can see, there’s a lot of value you can get from talking to me as your
REALTOR®. Call today.

When Is the Right Time to Talk to a REALTOR®?

Monday, November 16th, 2015

When would you talk to a car salesperson? Probably only once you’re ready
to buy a new car. You would do some initial research (perhaps on the
internet), get an idea of what you want, and then go to the dealership to
meet a salesperson, test drive the car and make the purchase.
Although that approach may work when you’re buying a car, it’s not the best
approach when it comes to real estate.
You see, successfully buying or selling a home requires a lot of planning
and legwork. You want the process to go smoothly, the right decisions to be
made, and the best possible deal to be negotiated.
After all, this is the purchase and/or sale of your home!
So, the best time to talk to a REALTOR® is as early in the process as
possible.
In fact, even if you’re just thinking of buying or selling — and simply want to
explore the possibility of making a move sometime this year — you should
have a conversation with a good REALTOR®.
A REALTOR® will answer your questions, provide you with the information
and insights you need, help you avoid costly mistakes, and make sure
you’re heading in the right direction.
When you are ready to buy or sell, having worked with a REALTOR® early
in the process will help ensure you get what you want.
So talk to a good REALTOR® when:
• You have a question about the local market.
• You want to know what your home might sell for today.
• You’re interested in checking out homes currently available on the market.
• You’re in the midst of deciding whether or not to make a move.
• You’ve decided to buy or sell.

Upgrades That Hold Their Value

Friday, May 29th, 2015

Do you have a renovation project in mind – and wonder how much value it
will add to your home? Remodeling Magazine recently did a study of
renovation projects, comparing costs to added value. Here are some of the
results:
Replacing a main entry door has a return on investment of over 95%. After
all, the entrance to a home is one of the first things a prospective buyer
notices.
Adding a new deck also adds a lot of value. Depending on the materials
used, you can expect to get back three-quarters of the money invested.
Another high-payback project is the garage door. This once again
demonstrates the importance of a home’s “curb appeal.”
If you’re tackling a big project, such as a basement renovation, you’ll be
glad to know that, according to the study, a project like this adds a lot of
value.
Finally, minor improvements to bathrooms and kitchens – such as adding
new countertops or cupboards, can also be good investments that mostly
pay back when you sell your home.
Of course, these figures are averages and can vary widely depending on
location, type of property, and other factors.
Need help determining how a particular home improvement might impact
the selling price? Call today.

Deciding on the Discretionary Move

Monday, February 16th, 2015

Sometimes we don’t have much choice about selling our home and buying
another. Circumstances, such as a job relocation, may have made that
choice for us, However;  most often the decision to move is discretionary.

Sometimes people move simply because they think it’s a good idea. They feel that
“now” is the right time to find their next dream home.

So how do you make that kind of decision?

There are, of course, many reasons to make a discretionary move. Usually,
those reasons fall into one of two categories: need and want.
You may need to find a new home, for example, because you’ve outgrown
your current property. Perhaps you have a growing family and require more
space. Maybe you’re doing more entertaining and need a larger backyard
with a more spacious deck. It could be that the commute to work is arduous
and you need to move to a place that’s closer.

Those “needs” may motivate you to move, but sometimes a “want” plays an
important role, too. For example, you may want to live in a quieter neighbourhood or in a newly
built home that requires less maintenance. Maybe you simply want a
change.

If you’re thinking of making a move, take a moment to write down a list of
your needs and wants. Seeing them on paper will help make the decision
easier.
Looking for expert help? Call today.

Why A Pre-Sale Inspection?

Thursday, January 29th, 2015

Your home probably has dozens of great features that are going to help it stand out and sell faster. Perhaps it has a cozy sunken living room? Or an equipped and smartly decorated kitchen that Rachel Ray would envy? Or a location in a desirable neighbourhood?

All these things will help.

But there’s another selling feature you should consider adding: a pre-sale inspection.

A professional home inspection is usually done on behalf of the buyer before the deal to purchase a property is finalized. In fact, you can expect any offers to purchase your home to be “conditional upon satisfactory home inspection.” However, there are two good reasons why you, as the seller, should get the home inspection done:

Reason #1

A professional inspection can identify problems that might otherwise thwart the sale.

Say, for example, you get a great offer but the buyer’s home inspector discovers a minor leak in the foundation. That might be enough to jeopardize the deal. However, if you had a professional inspection done, you would have had the opportunity to get that problem fixed in advance of the offer.

Reason #2

Informing potential buyers that a professional inspection has been done is a great selling feature. It demonstrates to buyers that there are no hidden problems with the property, which gives them more confidence to make an offer.

A certificate of home inspection can be as enticing a feature to home buyers as a wrap-around deck!

Need more ideas for selling your home faster and for a better price? Call today.

Your Home at a Glance

Monday, January 5th, 2015

Have you ever driven up to a restaurant and your first impression was
disappointing? Perhaps the windows looked dark and gloomy, the façade
was worn and unattractive or for some other reason it just didn’t look like a
tempting place to eat.
It could still be a fantastic restaurant – a real gem. But, your first impression
has soured your anticipation. If you still walk through the front door, it will
likely be with the expectation of being disappointed.
This scenario often plays out in the real estate market as well.
A buyer drives up to a home for sale and quickly forms an impression based
on what he sees “from the curb”. That’s why you’ll hear real estate experts
talk about the importance of “curb appeal”. It’s one of the most important
selling points of a property.
If you plan to put your home on the market, you obviously want your home
to look as attractive as possible from the street. Fortunately, there are many
simple things you can do to improve curb appeal.
For example, you can trim shrubs and hedges, plant flowers, clean the
walkway and driveway, paint the front door and garage door, and clean the
exteriors of the windows. All these projects are relatively easy and
inexpensive. Yet, each can make a dramatic improvement to how your
home looks at first glance.
Don’t be like the great restaurant that’s hidden behind an unkept façade.
Make sure your curb appeal reflects the overall value of your property.
Looking for more advice on selling your home quickly and for the best price?
Call today.

5 Unusual (but effective) Home Staging Ideas

Tuesday, December 9th, 2014

“Staging” your home is all about making the space in your home as
appealing as possible to buyers. You may already know the basics, such as
eliminating clutter. Here are some other tips that are less well known yet
very effective:
• Chandeliers. Surprisingly, these are one of the simplest ways to
make a foyer, dining room or living room dramatically more eyecatching.
You can buy a good-looking chandelier for a few hundred
dollars.
• New linen. This is something many home sellers don’t consider, but
should. Replace any worn linen – sheets, coverings, towels, and
even oven mitts with new ones. Believe it or not, new linen makes a
big impression on buyers.
• Pedestal sinks. It may not be practical for you to replace a bathroom
sink. However, if you are doing a renovation, keep in mind that
pedestal sinks – especially in small washrooms – are a big hit with
buyers.
• New appliances. A brand new fridge, stove and dishwasher are
motivating selling features to buyers. That’s because new appliances
make the whole kitchen look brand new.
• Avoid multi-use rooms. Have a spare bedroom that doubles as a
home office? That’s a turnoff to buyers. Whenever possible, stage
each room so that it has a singular purpose. A guest bedroom, for
example, should be only that.
Want more tips on how to stage your home so that it attracts buyers? Call
today.

You don’t notice it – but most buyers will

Monday, November 10th, 2014

Imagine you’re viewing a potential new home. You walk in the front door
and are instantly impressed. You explore the property room by room and
like what you see.
Then there’s something you notice that’s not quite right. An odour. You
realize that it’s likely cat dander and, now that you’ve identified it, you smell
it everywhere. Suddenly the home doesn’t seem as attractive as it did just
moments earlier.
The owner of the property is probably so used to the smell that he doesn’t
even notice it. Neither does anyone else in the household.
So, when marketing your home for sale, be scent sensitive. Think about the
odours that you may have become used to but others are likely to notice.
Even odours you think are pleasant, like the strong scent given off by some
house plants, may not be pleasing to everyone.
An odour can easily distract a buyer from appreciating the good qualities of
your property. Pay particular attention to garbage bins (which can smell
even when empty), pets, kitty litter (even when fresh and unused), the
kitchen (especially after cooking), perfumes, and closets.
The smell of cigarette smoke is particularly unpleasant to many people. Its
odour can linger even on an outside deck or patio.
Bottom line? Don’t assume buyers won’t notice certain smells. They will.
Looking for more advice on selling your home quickly and for the best price?
Call today.

Property Ladder News – March 2013

Sunday, March 17th, 2013

In This Edition
MarketTemperature: Months of Inventory Down
HomeAdvisor: Preparing your Home for Sale
HomeMaintenance: Maintenance Memory Jog
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Time to Sell?: I take pride in offering exceptional Service.
1. An in-depth market analysis of your property
2. Property enhancement prior to marketing
3. A comprehensive promotional and marketing plan
4. Regular and clear communication so you know what is happening throughout the selling cycle
5. Expert and experienced negotiation and structuring of the sale
6. Comprehensive transaction management
7. My “NEW” client appreciation program

Call Jim at 403 660 6239 or email jim@jimperks.ca
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If you own a home or you are thinking of owning a home, you are on the property ladder. As you move up or down the ladder you will need advice and that’s where I come in. As your REALTOR® you have my real estate experience, loyalty, honesty and my commitment to helping you make the right real estate decisions. Call me for advice before you decide to buy or sell a home.
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MarketTemperature
Months of Inventory Down
Months of inventory relates to mow many home are for sale in relation to how many homes are selling. For example, f there are 2000 homes on the market and they are selling at 1000 homes per month, there is 2 months of inventory. As of March 13, Single family listing are down over 6% from this time last year and condo apartment listings are down 11% and Condo Townhome listings are down by 9%. Overall, th nuber of listing in the market. “When new product comes onto the market, buyers are not delaying their purchasing decisions as the majority of homes are selling in less time at prices closer to their list price,” said CREB® President Becky Walters. “The tighter market conditions have supported price growth. I am still experiencing multiple offer situations in the market and my colleagues in RE/MAX Mountain View are seeing multiple offers on a daily basis right now. We are seeing many properties selling at or above listing price. As a buyer, you must make up your mind quickly when you find a property you like. As a seller, this is an excellent time to put your house on the market. I am currently working with a number of great people to help them find their next home, not always an easy task when the months of inventory is down.

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HomeAdvisor
Preparing Your Home for Sale
Although pricing your home properly is the single most important element in the selling, it is followed closely by preparing your home for sale. In order to get the maximum price for your home it needs to be move-in ready for the next owner. There seems to be this myth that you should not improve your home before you sell it because the next buyer may want to do something different with it. This could not be farther from the truth. According to the National Association of Realtors, only 13% of buyers are looking for a home that needs improving. If you home is not in move in condition, you lose out on 87% of the market.
The best way to get the maximum benefit from the sale of your house is to keep it current. Update your kitchens and baths throughout the time you own the house. Don’t wait until you sell to make these changes. In most cases you will not recoup the cost of renovations in the sale price, but if you do it throughout the life of the home you will have the added value of enjoying those renovations while you live in the house.
Some of the items on your todo list prior to selling may include floors, doors, paint, lighting and trim. These are the “givens” for property flippers and worth considering when you are selling your home. A fresh coat of paint will give you the best return on your dollar spent, but keep in mind that any do it yourself work you do has to be professional grade or it could take away from the value of your home. There are a number of other items that should be on your list. Check out this link below to the Home Ready Checklist provided by the Canadian Real Estate Association.
http://www.howrealtorshelp.ca/pdf/Home_Ready_Checklist.pdf
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HomeMaintenance
Maintenance Memory Jog
This list may jog your memory and remind you of some maintenance you forgot to do on your home
Excerpted from the Popular Mechanics book When Duct Tape Just Isn’t Enough, published by Hearst Books/Sterling Publishing.

1. Test your garage door opener monthly to ensure that it reverses when it hits an obstruction or when its sensor beam is interrupted.
2. Vacuum the clothes dryer’s exhaust duct at least once a year. If the duct is plastic, replace it (it’s a fire hazard). Rigid sheet-metal ducting is best.
3. Replace furnace filters quarterly, or as recommended by the furnace manufacturer.
4. Test all GFCI (ground fault circuit interrupter) outlets monthly. Press the test button and use a voltage tester to make sure the power goes off.
5. Clean leaves and debris from the condenser of a central air conditioner seasonally.
6. Once a year, vacuum the refrigerator coils underneath the appliance.
7. Have the fireplace chimney inspected and cleaned annually.
8. Inspect window and door caulking and weather stripping yearly.
9. Replace the batteries in smoke detectors yearly. And remember, even recent hard-wired smoke detectors have backup batteries that must be replaced. If you have never checked yours, do so.

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I hope you enjoyed this edition of The Property Ladder News. As always, your comments and feedback are welcome. If you have any questions about real estate or there is a topic you would like me to cover here in The Property Ladder News, let me know.
Jim Perks

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